Canadian Tire pushes for lower prices

TORONTO — Canadian Tire is looking for ways to drive efficiency and sees improved margins and same-store sales growth drivers for improvements. According to Stephen Wetmore, the company has been concentrating on products, revenue, and the nature and timing of promotional activities. Wetmore referred to “some really hardcore initiatives to drop our pricing…”

(Full story in the next mind-boggling edition of our weekly HARDLINES e-newsletter. If you don’t have a subscription to this industry bible, you’re not getting the full story! Click here and I’ll send you four weeks of HARDLINES for free! —Michael McLarney, Editor)

 

https://hardlines.ca/wp-content/themes/hardlines-responsive